Killarney Brewing & Distilling Company Enters Liquidation After Investment Bid Fails
Closure follows unsuccessful examinership amid tariffs, supply chain disruptions and rising costs
Killarney Brewing & Distilling Company has entered liquidation after failing to secure new investment through an examinership process.
The High Court appointed a liquidator to oversee the winding‑up of the company’s affairs.
The firm, which employed about fifty‑five staff at its brewery, whiskey distillery and visitor centre in Fossa, cited multiple pressures in its statement.
These included lasting impacts from the Covid‑nineteen pandemic, delays in opening the new facility, global supply‑chain disruptions, rising input costs and geopolitical and trading uncertainties.
In recent months, the company cited high tariffs on Irish whiskey exports to the United States as a factor that significantly impacted its competitiveness.
Earlier this year, a planned merger with a U.S. strategic partner fell through, and no replacement investor was found within the court‑set timeframe.
Reports indicate the company had debts exceeding eight million euros, with creditors including local authorities and tax authorities among those owed.
The company expressed “sincere and heartfelt thanks” to its employees, shareholders, customers and the local community for their support throughout the process.
The High Court appointed a liquidator to oversee the winding‑up of the company’s affairs.
The firm, which employed about fifty‑five staff at its brewery, whiskey distillery and visitor centre in Fossa, cited multiple pressures in its statement.
These included lasting impacts from the Covid‑nineteen pandemic, delays in opening the new facility, global supply‑chain disruptions, rising input costs and geopolitical and trading uncertainties.
In recent months, the company cited high tariffs on Irish whiskey exports to the United States as a factor that significantly impacted its competitiveness.
Earlier this year, a planned merger with a U.S. strategic partner fell through, and no replacement investor was found within the court‑set timeframe.
Reports indicate the company had debts exceeding eight million euros, with creditors including local authorities and tax authorities among those owed.
The company expressed “sincere and heartfelt thanks” to its employees, shareholders, customers and the local community for their support throughout the process.